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65 University Avenue E, Waterloo, ON, N2J 2V8

MLS® # 40675648
Commercial For Lease In Central, Waterloo, Ontario
$295,000.00
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
65 University Avenue E, Waterloo, ON
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ACTIVE
65 University Avenue E, Waterloo, ON, N2J 2V8
$295,000.00

Property Information:

This Boardwalk Burgers location in Waterloo presents an excellent investment opportunity. Situated close to both universities and Conestoga College, it benefits from steady foot traffic, especially from students and young professionals. The flexibility to operate it as a franchise or rebrand as an independent business adds versatility to the investment. With food costs around 32-34% and labor costs between 22-25%, the business demonstrates efficient cost management, supporting strong profit margins. Its focus on quality—serving freshly prepared, never-frozen burger patties in a clean, well-maintained environment—enhances the customer experience and fosters repeat business. The 1,308-square-foot store, built with high-quality materials, fire-rated walls, and well-maintained equipment, ensures durability and a welcoming atmosphere with ample seating for high customer volume. Additionally, consistent sales growth, a favorable lease term, and leasehold improvements and equipment valued at over $325,000 further underscore the location's stability and potential for ex

Inclusions: All Equipment, Tables, Chairs, Booths

Exclusions : Inventory

Property Features:

  • Business Type:

Courtesy of: CENTURY 21 RIGHT TIME REAL ESTATE INC.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 65 University Avenue E, Waterloo, ON, N2J 2V8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 65 University Avenue E, experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 65 University Avenue E, experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 65 University Avenue E, Waterloo, ON, N2J 2V8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$65,862.89

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.76 %

High school certificate or equivalent

40.61 %

Apprenticeship trade certificate/diploma

1.33 %

College/non-university certificate

9.56 %

University certificate (below bachelor)

2.08 %

University Degree

41.64 %

Commuter

Travel To Work

By Car

56.59 %

By Public Transit

22.58 %

By Walking

14.86 %

By Bicycle

1.1 %

By Other Methods

4.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.88 %

Houses

11.12 %

Own Vs. Rent